Woodside Petroleum
Australian Resources and Energy Minister Martin Ferguson (L) is escorted by East Timor Petroleum and Natural Resources Minister Alfredio Pires (R) for a meeting in Dili on February 21, 2013. Pires said on February 21 East Timor may decide to develop gas from the Timor Sea alone, potentially ending involvement by Australia's Woodside Petroleum.
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There are a number of potential options for gas to be supplied to a future LNG export site at Grassy Point
The negotiations between the partners in Leviathan and Woodside Petroleum Ltd. (ASX: WPL) are ongoing. The parties remain committed to the execution of the farmout agreement supporting the development of the Leviathan resources.
Woodside's production target for 2013 remains unchanged at a range of 88 to 94 MMboe (million barrels of oil equivalent), comprising 47 per cent from NWS Gas facilities, 41 per cent from Pluto LNG and 12 per cent from other assetsMore quotes »
Around the web
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Woodside eyes huge Mozambique gas field
Woodside Petroleum is keeping an eye on an offshore gas field in Mozambique that is five times bigger than its North West Shelf project. Although chief executive Peter Coleman has previously ruled out investing in the emerging east African oil and gas in from Ninemsn Read more »
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Australia Resource Investment Peak Overplayed -Wood Mackenzie
By Rhiannon Hoyle SYDNEY--Investment in Australia's resources sector should remain strong over the next three years, according to consultancy Wood Mackenzie, which Thursday said fears of a sharp slide in spending after a 2013 peak aren't likely to be rea from Wall Street Journal Read more »
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Could price fixing claims hit Woodside Petroleum?
Oil titans Royal Dutch Shell (NYSE: RDS.A) and BP (NYSE: BP) are among the world’s biggest oil producers being investigated by European authorities on suspicion of fixing the price of international oil products. The investigation suggests price collusion from Ninemsn Read more »
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Santos grilled over coal seam gas
Outgoing Santos chairman Peter Coates’ final annual meeting address has been hijacked by repeated and impassioned questioning over the company’s coal seam gas operations. The chairman's hopes for a fond farewell, and to steer clear of the polarising deba from The Canberra Times Read more »
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Woodside strikes a deal for floating LNG
AAP Woodside Petroleum has signed an agreement with Shell to use floating LNG technology if it continues with its gas project in Western Australia's Kimberley region. It follows a recent announcement that the consortium had shelved plans to process the g from Sydney Morning Herald Read more »
